ZIMBABWE

Form No. C.R.5 Section 89 of Act

Section 16 of Regulations

COMPANIES ACT (CHAPTER 24:03)

No. of Company: …………………..

NOTICE OF INCREASE OF THE

NOMINAL CAPITAL
Name of Company: …………………………………………..

To the Registrar of Companies

HARARE

The above-mentioned company hereby gives you notice, in accordance with Section 89 of the Companies

Act (Chapter 24:03), that, by special resolution passed on the day of the

nominal capital of the company has been increased by the addition thereto of the sum of $504 999 000 000

divided into 504 999 000 shares of $1 000.00 each, beyond the registered capital of $1 000 000.00

The additional capital is divided as follow:

Number of Shares *Class of Shares Nominal amount of

Each Share
499 950 000 000 ORDINARY $1 000.00

5 050 000 000 CONVERTIBLE $1 000.00

PREFERENCE

The conditions (e.g. voting rights, dividends, etc.) subject to which the new shares
Are to be issued are as follows:
1. ordinary shares rank ‘pari passu’ with existing shares………………………

2. the convertible preference shares have no voting rights and will be converted to ordinary shares
after five years.………………………………………………………………………………….

……………………………………….
(Signed) DIRECTOR/SECRETARY
This day of

Presented for filing by:

*If any of the new shares are preference shares, state whether they are redeemable or not.
Note: - A copy of the special resolution, on Form No. C.R.11, must be attached to this form